Pasadena-based Brazil Minerals said today that the company’s previous director of communications, Peter Goldy, has accepted the company’s offer to become a consultant for operations working for the company in Brazil.

Under such agreement, Goldy, who is also a significant shareholder of Brazil Minerals, is to stay for one to two weeks at the company’s Brazilian operations on a monthly or bi-monthly basis. Goldy’s compensation is solely in the form of restricted stock for actual days spent in situ, the announcement said.

With his work experience in construction, project management, and telecommunications, Goldy is already facilitating local operational improvements and assisting with the necessary groundwork for gold and diamond mining in a promising area alongside the Jequitinhonha River in northern Minas Gerais state, the company reported.

Brazil Minerals, Inc. (OTC: BMIX), through various consolidated subsidiaries, has title to mineral rights for gold, diamonds, manganese and sand, including mining concessions for gold and diamonds, the highest level of right to mine in Brazil. One of BMIX’s subsidiaries is Jupiter Gold Corporation.

The company keeps its headquarters at 155 North Lake Ave, Suite 800, in Pasadena. More information on BMIX is at www.brazil-minerals.com.